$1,079,000 - 8 Poetry Drive, Vaughan
Townhouse for Sale in Vaughan
105 days on market- MLS Number
- N12809314
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 105
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Welcome to this stunning freehold townhouse offering just over 2,200 sq. ft. of beautifully upgraded living space in an unbeatable location. Featuring hardwood floors throughout and pot lights across the entire home, this property blends elegance with everyday functionality. The impressively designed kitchen showcases upgraded cabinetry with under-cabinet lighting, quartz countertops, and high-end stainless-steel appliances. The main floor boasts 9-foot ceilings, elegant iron pickets along the staircase. The open-concept layout flows seamlessly to the second level, highlighted by a dramatic family room that is open to the top floor and features soaring ceilings (approximately 24 ft.) with spectacular floor-to-ceiling windows, a cozy gas fireplace, and a walkout to a private deck - a truly breathtaking space filled with natural light. The second floor also features a spacious primary bedroom with a 4-piece ensuite and large walk-in closet. The second floor also has the convenience of a spacious laundry room.2 spacious bedrooms, one with a walk-in closet, and a 4-pc washroom grace the third floor. The professionally finished basement provides additional living space complete with a 3-piece washroom - ideal for a recreation area, guest suite, or home office. Professionally landscaped front and back, the home also offers an attached garage with interior access and a side door entry, plus an additional parking space for a total of 4+1 parking spots. Ideally located just steps to schools, Vaughan Mills, restaurants, and only minutes to Highway 400, this home offers exceptional space, style, and accessibility.
Estimate your monthly payments for this property
Estimated Payment
$4,772.78/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Vaughan
Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Vaughan
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
8 Poetry Drive, Vaughan
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $540/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Vaughan have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.